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Shopping Strip

768-770 Broadway

770 Broadway, Raynham, MA 02767

Listing Price: $3,850,000

Cap Rate
2.10%
Gross SF
57,266
Rentable SF
43,518
Price/Gross SF
$67.23
Lot Size
3.28 acres
Year Built
1900

Investment Overview

Marcus & Millichap is pleased to present Raynham Depot. Located at 768-770 Broadway in Raynham, Massachusetts, the property sits on 3.28 acres of land and features a 48,693 SF two-story structure which is currently 46% occupied with a mix of service oriented retail and office tenants. The property provides a perfect value-add opportunity, either by stabilizing the asset through re-tenanting the plaza, or by completely redeveloping the site. There is ample parking available at this location, with a large lot that can easily accommodate a completely reimagined site plan. The property also includes a pad site in a prime location for a build-to-suit opportunity with a drive-thru, providing additional upside for a new owner. The subject property is located on Route 138 and is passed by more than 11,000 VPD. The area is surrounded by a variety of national, regional and local businesses including Walmart, Market Basket, McDonald, Honey Dew Donuts and many more.

Investment Highlights

  • Prime opportunity for value add or redevelopment
  • Property sits on 3.28 acres with PAD site available
  • Variety of National, Regional and Local businesses along Route 138

Exclusively Listed By

Listing Price: $3,850,000

Cap Rate
2.10%
Gross SF
57,266
Rentable SF
43,518
Price/Gross SF
$67.23
Lot Size
3.28 acres
Year Built
1900

Investment Highlights

  • Prime opportunity for value add or redevelopment
  • Property sits on 3.28 acres with PAD site available
  • Variety of National, Regional and Local businesses along Route 138

Investment Overview

Marcus & Millichap is pleased to present Raynham Depot. Located at 768-770 Broadway in Raynham, Massachusetts, the property sits on 3.28 acres of land and features a 48,693 SF two-story structure which is currently 46% occupied with a mix of service oriented retail and office tenants. The property provides a perfect value-add opportunity, either by stabilizing the asset through re-tenanting the plaza, or by completely redeveloping the site. There is ample parking available at this location, with a large lot that can easily accommodate a completely reimagined site plan. The property also includes a pad site in a prime location for a build-to-suit opportunity with a drive-thru, providing additional upside for a new owner. The subject property is located on Route 138 and is passed by more than 11,000 VPD. The area is surrounded by a variety of national, regional and local businesses including Walmart, Market Basket, McDonald, Honey Dew Donuts and many more.

Exclusively Listed By

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